Africa Oil & Gas: Nigeria hits oil majors with billions in back taxes

Africa Oil & Gas: Nigeria hits oil majors with billions in back taxes

Nigeria has ordered foreign oil and gas companies to pay nearly $20-billion in taxes it says are owed to local states, industry and government sources said, in a move that could deter investment in Africa’s largest economy. Advertisements

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Industry Vs Environment: Big Oil Becomes Greener With Progress in Cutting Pollution

(Bloomberg) — It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths.

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Africa Oil & Gas: Angola LNG inks supply deal with Germany’s RWE

Chevron-led Angola LNG, the country’s only liquefied natural gas producer, has entered into a supply deal with German utility RWE’s trading subsidiary. This is the second deal this month for the LNG producer following the Vitol supply agreement last week.

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It Does Need Some Experts Reflection: What is the Plan beyong Russia’s Expansion into Asian Gas Markets

Russia’s Expansion into Asian Gas MarketsRussia recently signed a major $400-billion gas deal with China, and now Japan appears to want in on the action as well. Bloomberg reported that a group of 33 lawmakers in Japan is pushing the government to build a $5.9-billion pipeline to the island nation from Russia.

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